what Phil said
At 09:42 PM 7/12/2008, Phil Edwards wrote:
What Claude said.
Phil
----- Original Message -----
From: <mailto:[EMAIL PROTECTED]>Claude Litton
To: <mailto:[email protected]>[email protected]
Sent: Sunday, July 13, 2008 1:14 PM
Subject: Re: [MOPO] O.k....Where do you stand?
I try not to get involved with nonsense but this is beyond me.
The buyer paid what he wrote a check for to a seller or the auction house.
The seller received what he got from the auction house in a check.
I just bought a poster from heritage for $1200 plus the buyers
premium and the shipping charge to be added. Anyone who thinks I
paid less needs math lessons.
If you are trying to value a poster based on prices hammered, prices
realized after additional charges,etc., you are tilting at
windmills. Prices at any given moment are only an indication of the
values at that particular time and a "guide" for the future. There
is a major difference between an auction house that advertises well
in advance, publishes a beautiful book and holds a live auction
which includes bidders from all over via telephone, the floor, the
internet and faxes, as opposed to a person not known (ebay hides
sellers identities) who puts a poster on ebay for a week and hopes
at least two people will engage in a bidding war.
CJL
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